Although fluctuations in international demand and pricing have put pressure on returns from Viet Nam’s mining industry, the sector remains a magnet for foreign direct investment (FDI), a sign of confidence in its long-term prospects.

The Ministry of Industry and Trade (MoIT) is drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels in order to strengthen the tourism sector and hike prices for electricity-guzzling households in an effort to incentivise lower consumption.

The public-private-partnership investment model as a solution for Viet Nam’s long-term infrastructure development can only work with all stakeholders fully understanding their roles and the risks involved, experts said at a conference on Thursday.

The Ministry of Finance has proposed amendments to the Law on Tax Management, aiming to enhance efficiency of tax collection from multinational companies, cross-border transactions and online businesses.

Instead of focusing on conducting M&A deals to acquire large-scale Vietnamese enterprises, South Korean enterprises are now eyeing small- and medium-sized enterprises (SMEs) in different sectors to conduct M&A activities in Vietnam.

The draft Law on Special Administrative, Economic Units needed to be substantially revised to make it feasible and to fully exploit resources for boosting economic development, according to a verification report from the National Assembly (NA) Law Committee.

A series of new policies on wine business, establishment of social support facilities, supervision of securities transactions on the securities market, assessment of language proficiency come into effect in November 2017.

The leading renewable energy solutions provider in Vietnam, SolarBK, has just received a licence to develop a 4.4-megawatt peak solar farm in Danang, acting not only as the project owner, but also the first Vietnamese engineering, procurement, and construction firm for a solar project.